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Malaysia raises 2026 growth forecast to 4%-5% despite trade disruptions

Bank Negara Malaysia raised its 2026 growth forecast to 4%-5%, citing resilience to Middle East conflict impacts, trade disruptions, and U.S. tariffs on the economy.

Bank Negara Malaysia has slightly raised its 2026 economic growth forecast to a range of 4%-5%, up from the previous 4%-4.5%, despite ongoing trade disruptions and higher fuel prices linked to the Middle East conflict and U.S. tariffs. The central bank highlighted robust domestic demand, continued investment, and wage growth as key drivers sustaining Malaysia's economic resilience. By maintaining a cautious yet optimistic outlook, BNM aims to balance support for growth while guarding against external risks and inflationary pressures. The revision underscores confidence in Malaysia's diversified growth drivers and its ability to withstand global headwinds.
Status
active
Location
Kuala Lumpur, Malaysia
Date added
2026-03-31 13:54 UTC
Added by
bodglobalapdrt
Last updated
2026-03-31 13:54 UTC
Source
Reuters
Connected threats
Not provided

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